Issue price
₹5,409 per gram
₹5,359 for online applications paying digitally
SGB 2022-23 Series III: Issue Price ₹5,409, Redemption Dates and Value Today
Source: RBI press releases · latest release 16 Dec 2022 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Value today (indicative)
₹14,281 up by ₹8,872 (164.02%)
vs the issue price · Mean of IBJA’s 999 closing price on 21 Oct 2026, 22 Oct 2026, 23 Oct 2026 — RBI’s rule applied to our own data. Indicative only: RBI fixes the price for each redemption date from the three business days before it, and only that figure is a price.
Key dates
- Subscription period
- –
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 27 Dec and 27 Jun
- Premature redemption
- From 27 Dec 2027 (five years from issue), on each interest date Next date by the scheme’s terms: 27 Dec 2027. RBI’s half-yearly calendar confirms the exact date and the window to apply.
- Maturity
- 27 Dec 2030 (eight years from issue)
- Status
- Not yet redeemable — premature redemption opens on 27 Dec 2027
RBI’s redemption prices for SGB 2022-23 Series III
RBI has not yet published a redemption price for this tranche; its first premature redemption date is 27 Dec 2027.
Frequently asked questions
What was the issue price of SGB 2022-23 Series III?
₹5,409 per gram, ₹5,359 for online applications paying digitally. It was open for subscription from 19 Dec 2022 to 23 Dec 2022 and issued on 27 Dec 2022 (RBI press release of 16 Dec 2022).
When does SGB 2022-23 Series III mature?
On 27 Dec 2030, eight years from its issue on 27 Dec 2022. RBI repays the unit at the simple average of IBJA’s closing price of 999 gold over the three business days before the date, and pays the last interest with it.
When can SGB 2022-23 Series III be redeemed early?
From 27 Dec 2027, five years after issue, on every interest date (27 Dec and 27 Jun each year) until maturity — the next such date is 27 Dec 2027. Apply through the bank, post office or broker the bond was bought through, in the window RBI’s calendar gives.
What is SGB 2022-23 Series III worth today?
Indicatively ₹14,281 per unit — the mean of IBJA’s 999 closing price on 21 Oct 2026, 22 Oct 2026, 23 Oct 2026, which is RBI’s rule applied to the latest closes. That is +₹8,872 (+164.02%) on the issue price of ₹5,409, before interest. RBI fixes the actual price for each redemption date.
How much interest does SGB 2022-23 Series III pay?
2.5% a year on the issue price of ₹5,409 per gram — ₹135.23 per unit a year, paid in two halves on 27 Dec and 27 Jun, the last one with the redemption. Interest is taxable as income.